Frank McCourt’s Project Liberty and other investors have submitted a bid to buy TikTok from China-based ByteDance after a court-ordered divestiture or shutdown.
MrBeast, one of most successful Internet creators, may join a bid by real estate mogul and Project Liberty founder Frank McCourt to buy TikTok's U.S. arm, McCourt told Axios' Sara Fischer in Davos Wednesday.
At the moment, Frank McCourt is the only bidder who has made a public offer to purchase TikTok. © 2024 Fortune Media IP Limited. All Rights Reserved. Use of this ...
Jan 16 (Reuters) - Businessman Frank McCourt is "open-minded" to keeping TikTok's existing investors, including the founder, involved after any deal to buy the U.S. operations of the Chinese-owned ...
China’s foreign and commerce ministries didn’t immediately respond to requests for comment on whether Beijing would allow the American government to own part of TikTok.
As the deadline for a potential TikTok ban in the U.S. approaches, billionaire and former Los Angeles Dodgers owner Frank McCourt's Project Liberty confirmed making a formal offer to Bytedance ...
NEW YORK (AP) — The supremely popular TikTok could be banned on Jan. 19 under a federal law that forces the video sharing platform to divest itself from its China-based parent company, ByteDance, or shut down its U.S. operations.
With multiple suitors circling and Trump framing the situation as a deal-making exercise, TikTok's U.S. future is still up in the air. If a resolution is reached, it could set a precedent for tech ownership disputes between the U.
TikTok stopped working for U.S. users late on Saturday before a law shutting it down on national security grounds took effect on Sunday. U.S. officials had said that under Chinese parent company ByteDance, there was a risk of Americans' data being misused.
In the wake of a U.S. Supreme Court ruling from Friday the app was to shut down after the court upheld a bipartisan law that banned TikTok nationwide, provided it was still controlled by its Chinese parent company.
The United States Supreme Court on Friday ruled against TikTok's bid to avoid a ban that could shut the app down in just two days and impact millions of users who rely on the platform for entertainment,
ByteDance (BDNCE) board member Bill Ford said the TikTok parent is exploring a deal to keep the short video app running in America without selling its operations there.